Final answer:
Transnational strategy refers to a strategy that combines global coordination to attain efficiency with flexibility to meet specific needs in various countries.
Step-by-step explanation:
The correct answer is b. Transnational Strategy. Transnational strategy refers to a strategy that combines global coordination to attain efficiency with flexibility to meet specific needs in various countries. This strategy allows a company to have a global presence while also adapting to the local market and culture. An example of a company using a transnational strategy is Coca-Cola, which operates in multiple countries but tailors its products to meet the preferences of each local market.